Gift In Kind

Gift-in-Kind refer to donated tangible and intangible assets and property such as art, books, equipment, software, securities and other physical assets or materials, which represent value to the College.

Any MICA faculty or staff member approached by a potential donor wishing to provide a gift-in-kind, or who takes delivery of a gift-in-kind, should notify the Annual Fund Office as soon as possible and record all preliminary information on the Gift-In-Kind Donation Form.

The Annual Fund Office will ensure that the Gift-In-Kind Donation Form is complete and discuss the gift with the appropriate department to determine the disposition method (donation, exchange, trade, sale, etc.) and procedures on a case-by-case basis.